5 Major Goals to Target and Unlock this 2023
12 January 2023And just like that, we have overcome the challenges and celebrated our individual and collective triumphs of 2022! The new year is a wonderful and perfect opportunity to set and achieve goals for our own lives. It could be as simple as to stay motivated to work, leading a healthy lifestyle by working out three to four times a week, or it could be as massive as buying something relatively costly as a gift to yourself and the entire family.
At Lumina Homes, we provide a few tips on matters concerning investments, fulfilling financial objectives, and investing in real estate. In this article, let's discuss your goals for 2023 as you carefully traverse the road to financial freedom!
But first, some short-term personal goals worth setting this 2023
Before proceeding with the five major goals to fulfill in over a year, it is also worth noting some short-term goal-setting list to achieve this new year for your personal life. These can be done while also planning your possible long-term goals that we will touch on after this. But moving forward, let's make 2023 a productive year with these self-love goals!
Exercise 3-4 times a week. If you're aspiring to gain or lose weight, a weekly workout routine will help you attain your fitness goals. Make sure to measure progress so you can adjust your workout routines for the best results.
Learn new skills you're interested in. This is the year to devote time to learning a new skill! It could be a musical instrument, a foreign language, or a professional skill that you really want to pursue and learn. The internet is free of infinite resources to learn a skill. If you want proper skills training, enrolling in an online course is just what you might need. You will be awarded a verified certificate after your successful completion.
Achieve a proper work-life balance. Workaholic much? This year is the year to attain a work-life balance by not drowning your mind with too much paperwork. When you go home, don't take your workload with you. Chill with your family over the weekend or go out with them to a nearby leisure spot from your house and lot.
Limiting unnecessary expenses. If you think you've spent too much money on things you shouldn't be spending that much money on, 2023 shall remind you to start limiting your expenses and only focus on the essentials.
Prioritize your mental health. If you were stressed out way too much last year, taking a mental health break from work or life in general should be a priority for you. How you could do this? For some people it's as simple as treating themselves to a restaurant and eating out with a friend. While for some it's for finally being willing to consult a professional and seek psychological help, realizing that mental health problems are rarely overcome alone.
Read a certain number of books. It's not a requirement that you're a bona fide bibliophile. But this new year, you might as well become one! You can foster a love for reading by reading books that genuinely interest you, or topics and genres that you're passionate about. A book or two every month isn't bad and is a good start.
Start journaling. No, you don't have to be good with words or have an excellent vocabulary. Just take note of events that happen to you every day and write them down. It could be as simple as writing about your experience during the rush hour commute, or as eventful as a milestone you achieved at work. Write it all down. It might make you feel better and unload your mind from the weight of emotional baggage.
2023 Goals to Achieve for Financially Independent Pinoys
If you have been working your ass off for several years and have saved enough money to venture into something that will require you to shell out a substantial amount from your savings, these five 2023 financial goals are ideal as a reward for yourself and the entire family for your hard work.
Without further ado, check our list of smart goals to achieving success this 2023 for hardworking Pinoys like you.
1. Start your own business
One of the smartest ways to make more money from your savings is to start your own business. Got a hobby that you can earn potentially lucrative money out of? This year is your chance to do a side hustle from something you love doing!
Do you have a penchant for baking goods? Start a baking business soon and earn extra while doing something you love! Passionate about anything related to responsible pet ownership? Sell pet care items catered to pet parents and pet enthusiasts in general. In fact, the Philippines has the most dog owners in Asia according to statistics. This point of fact makes pet care items such as dog toys, pet food, and other pet essentials great goods to sell online or through a physical shop.
But if you're unsure where to start, make sure to do your homework by searching for in-demand products and services to sell online. Aside from pet care essentials, other best-selling products of 2022 include electronic gadgets, fitness merchandise, home decorations, and baked goods. Not needless to say, starting a business could be tough. It does not stop with the idea of selling alone, but selling products and services that are in demand and trendy on the market.
2. Buy your first car
Car ownership is considered a status symbol in the Philippines. Be that as it may, your reason for the prospect of buying a car does not have to be to look rich, but rather for the simple reason of fulfilling a long-time personal goal. Buying a car could simply be a gift for yourself after so many years of selflessly providing for your family, or as a convenient means of transportation to work and saying goodbye to the hassles of daily commuting.
When purchasing a car, it is important to first learn the factors and features to consider, what car brand fits your taste, as well as your budget allotted to the car purchase. In addition, you also have to plan on applying for a car loan. These could be tedious processes in your car-buying journey, but upon sealing the car deal, you can finally key in the ignition, and a dream has just been unlocked for you!
3. Travel to a dream tourist destination
The year 2023 is the perfect time to fulfill your wanderlust desire for a dream tourist destination! Either locally or internationally, plan your trip ahead and save up monthly until you reach your budgeting goal. It is also important to schedule the actual date so you have a clear objective of when, where, and how you will accomplish this goal.
Unsolicited advice: embrace the beauty of your own country first. There are a plethora of world-class destinations in the Philippines! Boracay Island and Palawan are inarguably excellent natural wonders to set foot on. They're world-famous for all the right reasons.
If natural attractions are your thing, Mayon Volcano is a popular tourist attraction to have a selfie with the volcano's picturesque symmetry as your exquisite background! This nature attraction in Albay is within reach from Lumina Legazpi in Albay. If you're also on the hunt for a house and lot near a tourist spot, Lumina Homes in Legazpi City is your best bet.
For international destinations, fellow Asian countries are doubtless excellent choices to book a flight to and unwind! This includes Japan, South Korea, Singapore, Thailand, and Indonesia. But before you schedule the trip, make sure to plan ahead. A spontaneous trip may be adventurous, but there could be wild inconveniences that may ruin your journey. Better safe than sorry!
4. Invest in money-making accounts
If you have come across an investment ad on your social media account or a friend introduced you to an investment venture that he's now earning huge sums from, it may well be an indication to start an investment journey toward doubling your hard-earned money!
While no investment ventures are completely risk-free, it can't be denied how investments have produced people who have made great sums by investing their money with risky yet legitimately lucrative investment vehicles.
Now, it doesn't mean that you have to go the riskiest bets right off the bat. Investments vary from low-risk and short-term to long-term and high-risk. To start, you can opt for short-term money-making accounts such as setting up a savings account. While storing your money securely in the bank, your savings account earns interest rates. This is the safest way to start investing, although the financial return is understandably low as well. Another one is by setting up an emergency fund. This way, you can always have something to withdraw money from in times of domestic crisis.
As you become more comfortable with the investment type of your choice after making your own research or consultation with a financial expert, that's when you can venture into the riskier yet highly profitable money markets, such as stocks, bonds, and even virtual real estate, where you can earn real money out of owning, buying, and selling virtual lands.
5. Buy an affordable house and lot
Claim it: 2023 is your year to finally have your dream house and lot in the Philippines!
At Lumina Homes, you can achieve quality house features without spending double the amount of what you are willing to pay. With a variety of house types and premier lifestyle perks and amenities in store for you, an affordable house and lot for sale through Lumina Homes is something that will satisfy your longing for laidback homeownership in a suburban setting with metropolitan perks.
It's worth taking note of Lumina Homes' legacy: for over ten years and counting, the real estate company has consistently provided quality yet affordable housing for Filipino families from around the country. It was awarded "Top 1 Housing Developer" by Pag-IBIG Fund, and was also recognized by Carousell Property Awards for our affordable housing provisions.
That and many other considerations make Lumina Homes an excellent choice to seal your dream house and lot in a strategic location and accessible neighborhood. Not sure how to start investing in real estate? We could help! Don't hesitate to list down your real estate investment inquiries and send them in through our website or social media accounts.
Owning your house and lot will be a collaborative effort between you, the financing institution of your choice, and us at Lumina Homes - who will accommodate you in your homebuying journey. Get in touch with us today!
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